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Keck #1 Well
Thomas County, Kansas
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| Location: | Thomas County, Kansas |
| Analog Production: | 30 BOPD to 200 BOPD up to twenty miles |
| Land Holdings: | 500 gross acres under lease |
| Interest: | 25% Working Interest, 20.4% NRI |
| Formation: | 7 zones to test. Primary objectives Lansing and Kansas City Formations - Limestone and sands |
| Depth of Test: | 4,900 ft. |
| Depth of Target Interval: | 4,700+/- ft. |
| Recoverable Reserves Estimate: | 50,000 BOPW—200,000 Barrels potential fully developed |
| Gross Pay Interval: | 1-20 ft. |
| Number of Offset Locations to Drill: | 2-3 additional |
| Projected Initial Production Rate: | 75-100 BOPD |
| Work Program | Tank Battery Required |
American Petro-Hunter has acquired a 25% Working Interest in the Colby Prospect, located in Thomas County, Kansas approximately 13 miles southwest of the town of Colby. The 500 acre block has a well defined 3D seismic anomaly that includes 7 potential zones to be tested. The primary objective of the first test well is oil in the Lansing and Kansas City Formations.
The Colby Prospect remains a viable prospect as light oil was discovered in the Kansas City formation and may be present in other locations on the lease. The main objectives had good shows of oil in the Cherokee and Johnson formation in vuggy limestone host rock that appear to be of quality to contain substantial hydrocarbons. The #1 Keck location drilled did not exhibit suitable reservoir permeability to produce at commercial rates though other locations on the lease may have the requisite permeability to produce. The Company remains hopeful that the Colby will be brought into future production by the second offset well. Further work and analysis is required to develop the Colby lease.
Engineering estimates place the potential production from the indicated pay zones at between 75 and 100 barrels per day. Full development of the field from 2 or 3 offset well locations on the structure could produce between 200 and 400 BOPD. A plugged oil well that was drilled and discovered oil when prices were depressed subsequently is approximately 2/3 of a mile from the first well location and the well was not completed.
